Arumemi-Ikhide: Acquisition of Arik in ‘Commando Style’, Bad Signal to Investors

Says AMCON cooking up debt figures to justify Arik take-over Blames weakened naira for debt profile Founder of Nigeria’s biggest carrier, Arik Air, Joseph Arumemi-Ikhide, has said the take over of the airline by the Asset Management Corporation of Nigeria (AMCON) in a “commando style” was a bad signal to investors. Arumemi-Ikhide also accused AMCON […]